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Employees stock purchase scheme

This query is : Resolved 
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(Querist)
05 December 2014 HELLO, HAPPY DAY:)

Can a PRIVATE COMPANY offer shares under Employees Stock Purchase Scheme?

Please support your answers with relevant sections/rules/guidelines...........

Reply asap.

Thankyou.
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Amol S Joglekar

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Amol S Joglekar (Expert)
16 December 2014 They can very well issue such a scheme subject to HOWEVER, the maximum number of MEMBERS for a pvt company.
Earlier it was 50, now revised to 200
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